FedEx: it sucks out there, forget inventory build-up
One positive: LTL spin-off…
“I watched their investors’ day; I’ve listened to most earnings calls since Covid and these guys are without doubt the stand-out asset-heavy player listed on the NYSE in the transport & logistics sector.”
Words of praise indeed from none other than Premium head Alessandro Pasetti, and last week’s 3Q earnings call was another consummate lesson from Ryder System (R) in how to steady a listing ship and sail it through a storm.
It met expectations on all the right metrics – revenues ...
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